Connect with us


2019: What’s ahead for Bitcoin, Cryptocurrency and Blockchain?



2018 has been a tough year for the cryptocurrency, we see some foundations of some very exciting things being built out for the bitcoin economy.

If we look back across 2018, it has been a wild year. Most of the promises of 2017 have been broken. 2018 has been a tough year for the cryptocurrency companies, the cryptocurrencies themselves and for the investors of course. But underneath all of that, we see some foundations of some very exciting things being built out for the cryptocurrency and bitcoin economy.

Top Predictions for 2019:

Non-fungible tokens:

Non-fungible tokens or unique assets such as crypto kitties are going to be a very important part of the cryptocurrency economy. There are already becoming a huge part and will continue to grow as time moves on.


Security Token Offerings:

Allot of people have been talking about STO’s or Security Token Offerings and the potential of STO’s to totally shake up the cryptocurrency economy. STO’s are surely going to be the new wave of money coming into the cryptocurrency economy. Large-scale tokenizing properties, equities, fractional parts of paintings and all these different things are going to be huge. 2019 is probably going to see a lot of STO’s actually happening and that’s going to be exciting and will probably be the new boom in the markets. Although STO’s might start off in 2019 it may only become big in 2020. This depends upon how quickly the infrastructure actually gets built out to start the STO market rolling.


Initial Coin Offerings:

Though 2018 has shaken up the investors confidence, there are still good ICOs and as we move forward in 2019 ICOs are gonna simply have to do better as investors are not going to be throwing out money on hopes and dreams as it was the case in 2017 though some of these came out to be quite profitable for investors. ICOs are surely going to continue in the coming year but we are going to see much more professional offerings which may mean that retail investors might not be eligible to invest in these ICOs. As the ICOs become more professional they may choose to go with only venture capital funds.


Bitcoin ETF

Bitcoin investors and enthusiasts are talking about Bitcoin ETF from years now waiting for the first ETF to get approved by the SEC. Prominent people believe that Bitcoin ETF is surely going to be approved but no one is sure of when it is going to happen. 2019 might be the year for the approval of the first Bitcoin ETF. The SEC has to give its final decision on the VanEck Bitcoin ETF on the next hearing which is scheduled for 27th February 2019.


ICO Projects

In 2019, we might see some more projects dying off. We might see some ICOs that were launched in 2017 who have been running short on money already especially those who are still holding their Ethereum dead. But not all are going to fail. Some of the projects that we see right now are going to be the next Amazon and Google of the blockchain economy. The fittest projects will not only survive but they will thrive.

Better user experience of Blockchain

The current user experience of Blockchain cannot be called as ‘awesome’. For the user experience to be really good, people who are using it shall not even come to know that they are using Blockchain. That’s where we need to be at. When we get to get to that point, we are surely going to onboard billions of users. We have already seen a lot of movements in terms of making a better user experience and in 2019, we are only going to get better.

Lightning Network:

Lightning Network has been building up significantly over the course of 2018. 2019 may be a watershed year for the lightning network and this could take bitcoin to a next level. Especially when we talk about things like micropayments, buying a cup of coffee, sending money for a packet of bread, etc. As lightning continues to grow in power and relevance, 2019 is going to be very important for it.



Tether has been one of the largest controversies in the cryptocurrency economy mainly because of their lack of transparency. Although Tether has been quite useful as a whole to the cryptocurrency community at the same time it has brought some unnecessary drama. In 2019, Tether might lose its spot as the top stablecoin with more and more traders and investors moving towards other, more transparent stablecoins in the market such as USDC, Paxos, Gemini Dollar, and TUSD. Some of these might overtake Tether in terms of market capitalization in 2019.


Regulatory Clarity:

There are so many things in terms of tax regimes that actually disincentivize people to actually use cryptocurrencies like a currency such as countries such as India and China banning cryptocurrencies and others that say they love cryptocurrencies but still their parliament does not pass the supportive laws. As countries like Malta, Japan and Switzerland being supportive of bitcoin and other cryptocurrencies and related businesses, we might see other large nations giving more regulatory clarity in 2019.

The rise of Dapps:

Dapps have really suffered from not having a large user base. We actually need a Facebook level application built on Blockchain that would have millions of users and they might be coming. Big companies such as Kin are launching their own cryptocurrency, companies such as Line messaging which has over 60 million users are launching their own cryptocurrency and the Whatsapp dollar if the rumors are actually true. All these things combined could potentially bring in millions of users. Although some of these such as the Whatsapp Dollar which would be on the Facebook Blockchain might not be decentralized.

Increased Access:

Binance is planning to have 10 different fiat currencies that you can access Binance by the end of 2019. Currently, most of the trading is done in US Dollar and Yen but cryptocurrency economy needs more fiat currencies on board in order to grow further and spread out across the world.


Ethereum seems to be taking a long time to get where it needs to be and in that time we are seeing Ethereum losing its market share to competitors such as TRON, Cardano, EOS etc who have already achieved things which Ethereum needed to achieve a year ago. Although, the team behind Ethereum is working day and night for the upgrades they are not here yet and might take a longer duration than their competitors. We might see Ethereum losing its spot in the top 5 cryptocurrencies by market cap and some other competitor which is probably performing faster and better will take over the position.


Is Bitcoin going to rise in 2019?

Although there are a lot of new things such as Bakkt Exchange launch, Nasdaq Bitcoin futures launch etc. in 2019 which is going to pull a lot of investments into the bitcoin market, the major price rise might be in 2020 during the bitcoin halvening.


How good will 2019 be for Bitcoin and other cryptocurrencies? Tell us your thoughts in the comments section below.


Cryptocurrency Price Analysis: Great Week for the top 10



The current week has proved to be quite amazing for the cryptocurrency market as all major coins are holding green. The total cryptocurrency market rose by around $1.5 billion yesterday night with the price of bitcoin reaching $4100.



BTCUSD Price Chart

BTC/USD Weekly Price Chart

Bitcoin broke the $4000 resistance level on 17th March and has been over this range since then. Bitcoin has turned the previous resistance into strong support now and has moved upwards slowly currently trading around $4120 (according to Bitfinex chart) with around 1% increase in the last 24 hours. If bitcoin is able to maintain its position above $4100 range for long, it might soon move ahead towards the major long term resistances such as $4500 and $4600.



ETHUSD Weekly Chart

ETH/USD Weekly Chart

Ethereum also saw a nice bullish momentum this week after reaching the highest point of $143. Currently, Ethereum is trading nicely around $140 and is experiencing a few dips while trying to move upwards.

Unlike other top 10 coins, Ripple market is experiencing volatility from the last week but the momentum is still quite bullish.

LTCUSD Weekly Chart

LTCUSD Weekly Chart

Litecoin has been following trends and is steadily trading around $60 from the start of the week. Litecoin has increased more than 1.67% in the last 24 hours which makes it the best performing crypto of the day (in comparison with the top 10 cryptos according to market capitalization). LTC is currently trading around $61 (according to Bitfinex chart).


The overall cryptocurrency market is in a bullish momentum with sings of further gains. After a long bearish trend, cryptocurrency analysts are now believing that the bull market might be coming soon.

Continue Reading


Tom Lee: Bitcoin Bull Market Coming Soon



Tom Lee, the co-founder of Fundstrat Global has predicted that the price of bitcoin will likely experience a bullish run in the next 5 to 6 months.

Tom Lee, the co-founder of Fundstrat Global also known as the bitcoin bull has predicted that the price of bitcoin will likely experience a bullish run in the next 5 to 6 months. Lee predicted this during an interview with the CNBC. According to Lee, the 200 daily moving average is the number to keep in mind. If bitcoin is able to stay above $4000 till August this year, it will cross the 200 daily moving average and thus technically the overall chart would start to look bullish.

During the interview, he also mentioned that the future of bitcoin and other cryptocurrencies lies on the fact of whether it becomes an asset class and bitcoin is still in the early days of becoming one. Although Tom Lee has been quite bullish about the price of bitcoin, Fundstrat had recently posted a warning that the cryptocurrency market might crash to a new bottom before actually starting a bull run.


Tom Lee on JP Morgan Coin:

In the interview, Lee also expressed his concerns regarding the recently launched JP Morgan Coin which is a stablecoin launched by the banking giant JP Morgan Chase. He said that things such as the JP Morgan Coin and Facebook Coin create use cases for cryptocurrencies and according to him, the JPM Coin is surely not a competitor to bitcoin as it is a stablecoin in nature.

Continue Reading


Alert: Bitcoin Breaks Record, Highest Hash Rate Since November 2018.



The hash rate of bitcoin which is the power that secures the bitcoin network has recorded the highest level yesterday (19th March) since last year November.  The Bitcoin hash rate passed over fifty-two quintillion hash per second in accordance with the data feed on


Bitcoin Hash Rate:

Bitcoin hash rate is the computation of the performance of bitcoin miners. In simpler terms, as the hash rate goes higher, the bitcoin network becomes more secure. It becomes more difficult to attack the bitcoin network as an attacker would need increased resources in order to attack the network. The increasing hash rate also depicts the increase in the number of bitcoin miners. As the BTC mining difficulty level is quite stable now, more and more miners are joining the bitcoin network. Although, the increasing hash rate would eventually result in an increase in the overall difficulty level.

bitcoin hash rate 19th march

Bitcoin hash rate 19th March 2019


The bitcoin network security is at its peak since November last year. The highest hash rate ever recorded has been around 62 quintillion hash per second in August last year. Looking at the current chart, it depicts that the hash rate might even cross this level in the coming time.


The increased hash rate also builds up confidence in the minds of the miners as it shows the overall security of the bitcoin network and thus predicting a secure future of the investment of the miners. Thus, overall, more and more miners are now joining the bitcoin mining network after a subsequent decrease last year which led to a lot of miners moving out of the mining business. Bitcoin price analysts believe that the hash rate of the network follows the price of bitcoin as it helps them in speculating the future price of BTC.


During last year’s bear market, the hash rate also fell drastically which led to a lot of miners shutting down and the mining equipment were being sold at waste prices. Now as the hash rate is rising, miners are again turning on their mining rigs and moving back to business. It is also worth examining that the current hash rate of the network is even more than the recorded hash rate in December 2017 when the price of BTC went up to $20,000.

Continue Reading

Keep up with Bitcoin & Blockchain Technology Trends

Simply enter your email address in the box below and sign up for emails from Coinnounce regarding trending cryptocurrency, bitcoin & blockchain topics and offers.

This information will never be shared with third parties.